Total Account definition

Total Account means the total amounts held under the Plan for a Participant, consisting of the following accounts:
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Total Account means the total amounts held under the Plan for a Participant, consisting of the following subaccounts and any such other subaccounts as may be deemed necessary by the Committee:
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Total Account means the hypothetical unfunded bookkeeping account established for each participant in the Excess Plan.
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Examples of Total Account in a sentence

  • The calculation is: Total Remaining Nondeductible Contributions $2,000 x $500 = $ 125 --------------------------- ------ Total Account Balance $8,000 Thus, $125 of the $500 withdrawal in 1998 will not be included in your taxable income.

  • Your total account balance as of 12-31-98 is $7,500 as shown below: Deductible Contributions $5,000 Nondeductible Contributions $2,000 Earnings On IRA $1,000 Less 1998 Withdrawal $ 500 ------ Total Account Balance as of 12/31/98 $7,500 To determine the nontaxable portion of your 1998 withdrawal, the total 1998 withdrawal ($500) must be multiplied by a fraction.

  • Available Funds Total Account Equity less the Total Margin on all Open Trades.

  • Promptly after the Closing, the Seller and the Purchaser shall notify all Total Account Debtors or the Account Debtors, as the case may be, by notice that the Purchaser has purchased the Seller's Accounts Receivable, and shall direct all Account Debtors or Total Account Debtors, as the case may be, to remit directly to the Purchaser payment of all outstanding amounts represented by the Accounts Receivable.

  • Total Account Equity the sum of the following: - Account Balance - Plus any positive Open Trade P&L - Less any negative Open Trade P&L Total Margin the total of all Margin required by us in respect of Open Trades in your Account.

  • In lieu of the foregoing, the Trustee may deduct, withhold and transmit to the proper taxing authorities any such tax which it may be permitted or required to deduct and withhold and the Vested Total Account to be distributed in such case shall be correspondingly reduced.

  • If, at the death of the Participant, any payment to the Participant was due or otherwise pending but not actually paid, the amount of such payment shall be included in the Vested Total Account which is payable to the Beneficiary (and shall not be paid to the Participant's estate).

  • At the Closing, the Seller shall deliver to the Purchaser a complete and correct list of the Seller's Total Receivables (the "Total Receivables List") as of the close of business on the day immediately preceding the Closing Date specifying the age of each of the Accounts Receivable, the amount due, name and address of each account debtor on the Total Receivables List (the "Total Account Debtors").

  • Your Available Funds in your account is calculated as: Total Account Equity minus Total Margin.

  • A Beneficiary entitled to a distribution of all or a portion of a deceased Participant's Vested Total Account may disclaim his or her interest therein subject to the following requirements.


More Definitions of Total Account

Total Account means the total amounts held under the Plan for a Participant, consisting of his Employee Contribution Account, his Employer Contribution Account, and his Rollover Account (if applicable).
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Total Account means the total of the accounts held for the benefit of a Participant under the Plan, which shall include the ESOP Account and all non-ESOP Accounts.
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Total Account. $ Payment Amount: $ Direct Debit: Bank/Credit Card/Other
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Total Account means the account of the Participant which represents the entire interest of the Participant and which consists of the Elective Contribution account, Matched Contribution account, discretionary employer contribution account, Restricted Employer Contribution Account and Rollover Account.
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Related to Total Account

  • Capital Account has the meaning provided in Section 4.5.

  • Capital Account Limitation has the meaning set forth in Section 4.05(b) hereof.

  • Adjusted Capital Account Balance means, with respect to each Partner, the balance in such Partner’s Capital Account adjusted (i) by taking into account the adjustments, allocations and distributions described in Treasury Regulations Sections 1.704-1(b)(2)(ii)(d)(4), (5) and (6); and (ii) by adding to such balance such Partner’s share of Partnership Minimum Gain and Partner Nonrecourse Debt Minimum Gain, determined pursuant to Treasury Regulations Sections 1.704-2(g) and 1.704-2(i)(5), any amounts such Partner is obligated to restore pursuant to any provision of this Agreement or by applicable Law. The foregoing definition of Adjusted Capital Account Balance is intended to comply with the provisions of Treasury Regulations Section 1.704-1(b)(2)(ii)(d) and shall be interpreted consistently therewith.

  • Individual Account means an Account payable to or on the order of one Account Holder while that Account Holder remains living. Account Holder agrees that Bank shall pay to or on the order of Account Holder, or Account Holder's Agent, until Bank receives a certified copy of a death certificate verifying the death of Account Holder and Bank has had a reasonable opportunity to act on such information. Upon certification of the death of Account Holder, no deposits will be accepted to the Account, no checks will be paid on the Account and the Account will not be released until Bank has been presented with satisfactory documentation to determine, in Bank's discretion, what the proper distribution of the Account should be.

  • Target Capital Account means the Capital Account of a Member as of the end of each fiscal year, increased by any amount that such Member is obligated to restore under this Agreement, is treated as obligated to restore under Treasury Regulations Section 1.704-1(b)(2)(ii)(c), or is deemed obligated to restore under the penultimate sentences of Treasury Regulations Section 1.704-2(g)(1) and (i)(5).